Exclusive news and research on the wine, spirits and beer business

Tag Archive: Altria

News Briefs for December 10, 2018

•In case you missed it, Altria, the parent company of Ste. Michelle Wine Estates as well as Marlboro, on Friday announced a $1.8 billion investment in Canadian cannabis company Cronos Group. Continue reading →

Posted in News on December 10, 2018

News Alert: Altria Makes $1.8 Billion Investment in Cannabis

Altria, the parent company of Ste. Michelle Wine Estates and Marlboro, has announced a $1.8 billion investment in Canadian cannabis company Cronos Group. Continue reading →

Posted in News on December 7, 2018

News Briefs for December 5, 2018

•After revealing its Whisky of the Year yesterday, Whisky Advocate magazine has now unveiled its full Top 20 Whiskies list for 2018. Continue reading →

Posted in News on December 5, 2018

SABMiller Quickly Rejects ABI’s $104 Billion Bid, But Top Shareholder Altria Open To Deal

Apparently, the third time wasn’t a charm for Anheuser-Busch InBev (ABI). Just hours after ABI made a $104 billion cash offer for archrival SABMiller, SABMiller formally rejected the bid, saying it “seriously undervalues” the company. Continue reading →

Posted in News on October 7, 2015

A-B InBev Expected To Up Bid Price For SABMiller

Aiming to create a brewing colossus with a global beer market share of as much as 35%, Anheuser-Busch InBev is expected to launch a revised bid for SABMiller this week, with an offer that may be more than 10% higher than its initial bid. Continue reading →

Posted in News on October 5, 2015